Am I happy enough with my SPS to not sell some more cards?

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Finally I had a chance to be back at my laptop again after a while to check in on how the sikeyness around the SPS token airdrop in Splinterlands was doing. I only had mobile access for a while and that meant that I wasn't able to get into the SPS menu, I guess because this is only available in desktop version which is fine.

But I can tell you, the suspense was there haha. So this is the deal after about 10 days of SPS airdrops.

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The question of the matter is....should I be sikes about this amount, should I be disappointed in this amount? I am not really sure. Ofcourse I am just a medium size player in the Splinterlands game in general and this is generated with about 218.000 power in DEC.

That is nothing compared to what some wallets are generation with their DEC power, but I must say with around $12 bucks a day, it wasn't entirely what I had hoped for.

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On the other hand, daily returns is the way to go into passive income if you want to have the least amount of hassle going on. But who knows what these daily returns turn into. People generate stuff by the day now, which means people will sell because it is free, which means the price will drop unless something will be able to be done with the token.





Stake...

So I am hoping on that SPS will actually have a use case that will make people want to hold on to their tokens. Indeed most likely it will be something with the castles and the land that is coming up, but that will take a bit of time.

What I also hope because ofcourse now the land is sold out, is that this still will have a use case for the 'small' player who isn't a land owner but just started playing, as so many new players were brought in the last couple of weeks. You can see it back in the amount if DEC won per battle and how the servers are having some scaling issues. The game is being played big.

But unlike players like be who have been doing this a couple of years, it also needs to be interesting still for the newby player.

So...if staking is the way to go with currently 300% APR, will that be worth the increasing prices of the cards itself?


...Or sell?


screenshot_20210808_094748_brave.jpg


Because if you have a look at my legendry friend 'Kron the Undying' here as you see it is a highly wanted card. I am not interested in selling my Kron because I play him a lot but when you see that he is only worth 1000 DEC in playing value, but look at his price?

That 1000 DEC power is not worth it at all, you really need this one for playing and not for staking. Better to get some cheap gold foil cards for that.

But hey..look on the bright side. $150 bucks for holding the cards that I am already holding, with an increasing amount every day. That isn't too shabby right?



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18 comments
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Good question.... I think we are a lot of people asking ourselves that excact question...I truely believe that SPS will be worth staking....To get offers and advantages in the game...Think the price of the SPS token is depanding on how many new players joining in the next couple of months....But we'll see😊

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I started staking as well indeed. There is no value for the token now but that will come as well then as the demand and the price..

Leaving it be for now!

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Great article. Those daily #Splinterlands SPS airdrops brighten my day 🌟

IMO, the APR% on $DEC Staking will continue to drop as the SPS token stabilises in the market.
Risk = high APR.
However we should see a big surge in the SPS price (from 20c to $10?) but this is #cryptocurrency so do not quote me on that 😂 ✅

🍀 Go win thousands of battles!
@jim-crypto

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Indeed the APR will drop, I believe that as well but once the token actually gets used the price might increase again,

Lets see, its free money so nothing to loose right? :D

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There are so many variables at work with these Splinterlands assets, all I keep clinging on to is the fact that now probably isn't a good time to sell any of them!

This is only just getting started.

I hope they chuck the new smaller players a bone too - but my guess is they'll pander to the usual whales by forcing you to have a MASSIVE SPS stake to get in on the Chaos pre-sale in any meaningful way.

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I feel some whale action coming in with the land as well by then, and my personal stack isnt good enough to be in that game...so need to think a bit wisely around all of this.
Leaving if for now, staking some and grabbing some more. Lets see what happens!

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Once the governance with SPS begins, things will change. Until then it's the usual game of trading and influence, and deception by the speculators. Because what I want is the governance part, I just think in terms of getting SPS... and not risk the price de/valuation now just to get more bucks. But that's me.

Staking all until I reach my target of holding, then will start playing with external defi, in case that does not arrive sooner at HE.

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I let this sink in for a bit, and I guess you are the one who is right. So staked the whole shebang for max profits indeed.

Thanks for shining your light on it, sometimes it needs a couple of opinions to see the picture clear!

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(Edited)

Still too soon, but users keep arriving to the game every day, and that might be keeping the price of things for now. Or resisting it. Not sure. Either way, this game is breaking a huge barrier for HIVE all alone. That is causing lots of players to investigate other games on our ecosystem (such as the ones I mention on my peakd pinned post for example), and that is generating a huge flow of new users, connections, questions, awareness, etc.

For me, @splinterlands reached a huge milestone just with this whitepaper. They will be remembered (again) for the great feat. I just bug my own brain for not having more time to enjoy this community. I do what I can, and play with what I can, and ultimately, I try to show off how fun is to be around.

Maybe one day, once I am a very international VWKP (very well known person), it will be more effective. 😅 for me to go dabbling about these on the open wide and cause the same effect splinterlands did! 🤩

Ahhh what a dream LOLOL

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a very well known person :DDD

owyess, I will happily be waiting with popcorn to see you when this moment is there and get out the pompoms to cheer.

Indeed, the milestone already for splinterlands is here and when looked at this pricewise it has stabilized which meand the gigantic sell of is finished and people are curious to what comes next. I see this as a gigantic good sign and will hold on for a bit longer for sure. (and continue playing daily as I have been doing over the last three years)

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Just realized you are a dutch female... apologies!
(I was confusing you for an American male...)

!LOV you!

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hahahahah this is an interesting thought :DD

Although I couldnt really see from the comments that you thought that i was an american male, so I guess my posting in general is neutral enough hahahahhaa.

Dutchy girlie, reporting for crypto gaming duty!

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It was supposed to be !LUV not !LOVE got damit!

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